The Official Stock Market Thread

[finfangfan]

I’m actually considering getting into INTC in the $19.30s

[finfangfan]

Originally Posted by finfangfan

I trim some of my PLTR this morning after its big jump and bought some TSLA.

U is bouncing between $16-17 every couple of days lately. Not sure what is going on there.

U having a nice run over the last couple days and rising into the $19s.

I did end up throwing a grand at INTC yesterday.

[NYBBFAN]

Originally Posted by NYBBFAN

Buying more 10/22 zero coupon T-bills today. No good deals anywhere right now. My boomer-folio consists of:

10/22 T-bills
VZ
CMG (small position)
KDP (small position)
WMT (small position)
SGOV
AGM preferred shares
Vanguard Stable Value (small position, limited 401k options)
AMZN
Most importantly, cash.

The boomer-foilo is rippin!

CMG sold
Sold to open TSLA 227.50 P
Wrote some covered calls on KDP
Bought some TLT 12/31 100 P

[patchgenie]

SMMT almost being higher than biogen is so dumb. drug will flop when they have to run a US trial. questionable data

[finfangfan]

Originally Posted by finfangfan

I ended up picking up some PFE @ $29.39. It pays a decent dividend and I think has decent upside.

PFE is trending now… looks like they had some positive news related to a cancer drug. My position has been flat since buying it 3 months ago but I think I will add more on Monday unless it ends up spiking. Stock closed at $29.19 on Friday.

[finfangfan]

Crazy how well things are going the last week. I posted all time highs yesterday and today is another green day. Just reallocated my 401k and trimmed some of my trading account gains as well.

[KhalDrogo]

Originally Posted by KhalDrogo

New high target on the street for the S&P is now 5800.

Posted this back in February when the S&P was 5070. Now we’re 2.5% away.

[finfangfan]

Bought back into NIO at $5.44. I also added to my NVDA and PFE positions in my trading account.

Completely exited my positions in DVN and CVS in my trading account.

[finfangfan]

Looks like we should get a solid green open. Could be a volatile day though… Do we close solid green?

[KhalDrogo]

The cocaine train might be back.

It’s crazy to think inflation won’t be adversely affected if the Fed cuts fast and furious here.

[NYBBFAN]

Originally Posted by KhalDrogo

The cocaine train might be back.

It’s crazy to think inflation won’t be adversely affected if the Fed cuts fast and furious here.

50bps seems irresponsible. None of this is going to help Main Street. Mortgage rates are *checks notes* up since yesterday at 6.15%.

[jcardstore]

Originally Posted by NYBBFAN

50bps seems irresponsible. None of this is going to help Main Street. Mortgage rates are *checks notes* up since yesterday at 6.15%.

Well mortgage rates aren’t tied to FFR

[jcardstore]

The market did most of the cutting for the fed, just look at what has happened to the 10yr

[NYBBFAN]

Originally Posted by jcardstore

Well mortgage rates aren’t tied to FFR

Indirectly, all rates are. Mortgage rates mostly follow the 10y. The 10y is driven by…

It’s one of the few ways rate cuts can possibly do something for the average Joe.

[jcardstore]

Originally Posted by NYBBFAN

Indirectly, all rates are. Mortgage rates mostly follow the 10y. The 10y is driven by…

It’s one of the few ways rate cuts can possibly do something for the average Joe.

The 10yr is not driven by FFR if that’s what you were implying

[KhalDrogo]

I think it’s fair to just say a low FFR leads to low rates everywhere.

[jcardstore]

Originally Posted by KhalDrogo

I think it’s fair to just say a low FFR leads to low rates everywhere.

Is it?

The 10yr is set by the market.

The FFR is for nothing other than the overnight rate for commercial banks

[jcardstore]

If anything the market front runs the fed cutting rates and the FFR is only a reflection of what the market was already doing

[finfangfan]

PFE is basically my only holding that is not solid green today.

[patchgenie]

added DRUG. should have some interest with CC next week. only 5 mil MC. LBPH R&D day Monday.

worthless TIL went up who knows what on basically nothing. empty hype show.

[KhalDrogo]

Pretty amazing to see Nike get managed into the ground over the last 5 years or so. I can’t remember the last time I bought anything Nike. Truly awful quality products.

[finfangfan]

Originally Posted by KhalDrogo

Pretty amazing to see Nike get managed into the ground over the last 5 years or so. I can’t remember the last time I bought anything Nike. Truly awful quality products.

I saw this on Reddit… new guy rose up from intern!

https://www.reddit.com/r/Damnthatsin...as_one_of_the/

[finfangfan]

Originally Posted by patchgenie

added DRUG. should have some interest with CC next week. only 5 mil MC. LBPH R&D day Monday.

worthless TIL went up who knows what on basically nothing. empty hype show.

Added DRUG to my wishlist yesterday for kicks. A half hour into trading today and looks like only 100 shares have sold so far. Type of stock you need to set a limit order for… but still fun to watch. Thanks for sharing some tickers!

[Josh611]

Like UPS here.

Bought shares and $140 Jan 2026 calls today.

Pre Covid highs as support. Left room to buy more lower if it falls.

[oldgoldy97]

Originally Posted by Josh611

Like UPS here.

Bought shares and $140 Jan 2026 calls today.

Pre Covid highs as support. Left room to buy more lower if it falls.

Tome promised a $300 high